Student Loan Reform.....
- Thread starter nhboy
- Start date
He ran out of pot money....had to make some paid posts.
And you are basing your comments on what? It's highly unlikely you gradiated from 6th grade either.
Here are stats on default rates:
Numbers (which you likely won't comprehend): https://studentaid.ed.gov/about/data-center/student/default
Graph (in other words...a pretty picture): http://www2.ed.gov/offices/OSFAP/defaultmanagement/defaultrates.html
Of course, you will fail to notice that default rates were twice as high at the end of the 80s and the beginning of the 90s.
Of course, with your massive understanding of economics, labor utilization, monetary and fiscal policy you will will also fail to notice that the recent rise in default rates coincides nicely with a collapsing economy followed by a collapsing labor market.
You'll fail to notice these plainly obvious things yet still suggest that default rates are "out of control".
BOP
Well-Known Member
Do you look good in black leather, Mistress Tommy?
mamatutu
mama to two
The cost of college has been outrageous for a long time. Nothing new. We just paid off our children's loans this year, and they grad from college in 2008 and 2011. They had considerable scholarships, as well. What I don't get is why illegals get a free ed. So, TJ, and other liberal supporters, what say you? Your arguments don't hold, imo.
mamatutu
mama to two
Sorry, TJ, but that is how you come across. It is like, if we don't agree with you, you will try to beat us into submission. You are wasting your energy. Maybe, you should try a new approach; as in one that people may listen to you, and think about your/their position. 
BOP
Well-Known Member
LibertyBeacon
Unto dust we shall return
Good lord. Six and a half minutes of crap to say what could be said in a single sentence: when government creates price ceilings, it is only a matter of time before the price of whatever commodity is in question (college education) and the ceiling converge.
Econ 101. But I guess some people do need a "vlog" to explain the basics.
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Thanks for proving my point so neatly, sweet cheeks. Do you know how to take the first derivative of that slope over the last few years? I do.
LibertyBeacon
Unto dust we shall return
Now she's pretending she knows maffs. Did you have to google that?
Zing? No...maybe not.
Larry Gude
Strung Out
Best way to reform student loans is to write off every one of them that is federally backed, today. Eliminate Sallie Mae thereby removing the market distortion and slop trough for schools and leave it to the market.
Kids take stupid classes and pay too much for them because of federal loans.
What WILL happen is costs will plummet, kids will start taking classes they care about, schools will offer classes employers want and the tax payer will be out of the equation.
We used to pewl about 'access' to education and health care. Access has long NOT been the problem. Market distortions via government being in the loan and health biz are the problems.
Kids take stupid classes and pay too much for them because of federal loans.
What WILL happen is costs will plummet, kids will start taking classes they care about, schools will offer classes employers want and the tax payer will be out of the equation.
We used to pewl about 'access' to education and health care. Access has long NOT been the problem. Market distortions via government being in the loan and health biz are the problems.
LibertyBeacon
Unto dust we shall return
My favorite part was where you took the first derivative, showed your work, and explained what it meant.
Be way over your head, Gomer.
LibertyBeacon
Unto dust we shall return
In other words, you don't have a clue. Carry on, underachiever.
I always smile when you are wrong...and it happens so often too. I smile even wider when I remember how many people that actually know me personally, read your mindless drivel and wild assumptions.
Keep me smilling, Mo.
